Question
Big Pear has 10,000 outstanding bonds. These bonds have a 30-year maturity and $1,000 par value. Their yield to maturity is 8%, they pay interest
Big Pear has 10,000 outstanding bonds. These bonds have a 30-year maturity and $1,000 par value. Their yield to maturity is 8%, they pay interest semiannually, and they sell at a price of $1,226.23. What is the bond's coupon interest rate?
|
| a. 6% |
|
| b. 7% |
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| c. 8% |
|
| d. 9% |
|
| e. 10% |
|
| f. 5% |
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Supply Chain Finance And Blockchain Technology The Case Of Reverse Securitisation
Authors: Erik Hofman, Urs Magnus Strewe, Nicola Bosia
1st Edition
3319623702, 978-3319623702
